Question : For the past few weeks I have been doing an analysis of price and I’m noticing a pattern happening at 8:30 -11:00 AM CST. I have noticed that at 8:30 there is always some type of move and the volatility goes up. In short there seems to be a lot of activity. If it doesn’t happen exactly at 8:30 its bound to happen between 8:30-11. I’ve seen this especially in indices like NQ & TF.
Why does the activity tend to pick up around that time?